Hugo Ng Buys $700K HDB Flat For 23-Year-Old Son, Reportedly Paid For It In Full

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“There are government subsidies [for locals]. You are stupid if you don't buy [an HDB flat],” says the Singaporean actor.

As Justin intends to live and work in Singapore after graduation, Hugo decided to buy a home here.According to media reports, Hugo bought the ​​1,400 sq ft flat for around S$700,000, which he paid off in full.

As locals enjoy subsidised public housing, he decided to get an HDB flat, which is a lot more affordable, instead of a private property. He reckoned a private property of the same size would cost"HK$8 to 9mil" .Spoken like a

 

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